© Reuters Intuit Earnings, Revenue Beat in Q3
Investing.com – Intuit (NASDAQ:) reported on Tuesday third quarter that beat analysts’ forecasts and revenue that topped expectations.
Intuit announced earnings per share of $7.65 on revenue of $5.63B. Analysts polled by Investing.com anticipated EPS of $7.58 on revenue of $5.51B.
Intuit shares are down 44% from the beginning of the year, still down 49.92% from its 52 week high of $716.86 set on November 19, 2021. They are under-performing the Nasdaq which is down 28% from the start of the year.
Intuit follows other major Information Technology sector earnings this month
Intuit’s report follows an earnings beat by Apple on April 28, who reported EPS of $1.52 on revenue of $97.28B, compared to forecasts EPS of $1.42 on revenue of $94.03B.
Microsoft had beat expectations on April 26 with third quarter EPS of $2.22 on revenue of $49.36B, compared to forecast for EPS of $2.19 on revenue of $49.02B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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